₦airaland Forum

Chibuking81:
Comment withdrawn

Based on your new findings Sir, can you kindly tell us your price in view?

currentprice:
brov, check the eps very well Q1 2018 is 3.4k

Diamond mgt themself knows they are in mess so they wanted to confuse you pple. why did they reported annualized 2018 eps along side actual Q1 2017

Dozie is trying to say that if he maintains current level of Q1 choppings (current level of greed) down the rest of the quarter, that they will try and report 15k at end of year. And with 30% dividend rate, investors will get 5k dividend.

Wonderful....

Chibuking81:
Good to share views, it seems to be annualized.

Do you now understand why some of us are waiting for Diamond far further down the road?

Chibuking81:
Looking at Diamond bank 2018 q1 result at 1 kobo behind 2017 q1 EPS.
Despite 2017 FY loss, Their 2018 q1 EPS stood at 15 kobo, if no loss occur this time, they will have the same level of earning, or better 2018 FY EPS, when compared with FCMB and Fidelity.
Also better than Oando and Transcorp.
Current price 1.48 kobo ( times two = 2.96) if it still fall a little, it will be 2 to 1 of FCMB.

Be fearful when others are greedy.
And be greedy when others are fearful
Diamond bank present better opportunity when compared it's current price with that of it's set.

Beware of Annualised EPS ooo. Before you go chuk needle for ya eye ooo

Diamond is saying that all been equal, their FY 2018 EPS will be 15k. Na wetin my eye dey see unless this alcohol never computer my eye finish.

Message from Prophet Utuocha:

Grandpapa Bear Bear shall be upon NSE by next week. After that, that much awaited bull will take over.

Dwizeone:
This is meant for network administrators and you get this message because you are a broker, I don't think you should divulge all information form NSE, this is a routine test. The success of the exercise could be a better information, I may be wrong though but just my thought

I don't think he's entirely wrong. During a scheduled "change", all relevant parties and users should be informed so that there won't be panic should there be failure or loss of "service" within that period.

This is akin to security forces informing the public that there will be a counter-terrorist drill.

My take though.

Mpeace:
We will quote you when Diamond hit 5. I just pray you dont deny it later. I remember when DF was at 12 and you said it doesn't have the prospect of going further up as it hade reached its fair value. You came back to deny it. For your info, diamond, FBNH and other banks that have Huge NPL from bad oil sector related loans are very likely to enjoy huge returns from those hitherto bad loans, by way of reduced impairment charges and write-backs of loans previous provided for, as most of those loans begin to perform with oil prices on the rise.

Reduced impairment charges.

Yayira:
Hahahaha if feels good to be in a mess with big men.. I knew they’ll correct things.. They can’t let it fall.
Anyway, whatever they decide, Yayira is on both side “Waiting”
I have diamond to sell at 3.47 and I have plans to load Diamond if Oracle and Mends 0.80 come to pass.

If you retain "those" shares and Diamond ends up as low as 80k, you might be too devastated and disgusted to buy any unit at 80k.

Oando below N7.00.

#That N20.00 Stock. #That 500% fixed deposit. #That safe haven.

Chibuking81:
Did Morgan capital think that passing of budget news by the Senate will bring in bull, forgetting that Mr president have to study it before his assent.

They should better fix/ solve the problem.

NSE is experimenting to see if it's Morgan customers that keeps depressing the market! Na joke oooo

Agbalowomeri:
You should expect the shocker now that Peteru don join the boat

Sir Peter tried to sell at 11.90 2 days ago and they couldn't buy the whole units from him. Members having stake in DangFlour should have pulled funds together and relief Peter of those units left. You see house wey wan catch fire and you dey reserve water wey you go take bath for money. You no go carry the water put off the fire first?

Onuokwu:
I sold a million units about 2 weeks ago but reason for selling did not materialize so I bought it back today @N1.49. I usually have a longer time horizon than most people so not too worried. The profit on the sale/buy transaction will be used to buy more of it. Their main market maker has signaled a fair value of N1.33 which is the level I believe they will step in to support price but i do not believe the price will drop to that level. The balance of funds left will key in at any price between N1.33 and N1.49. If the price does not fall within this band again then no problem. I look elsewhere.

Why would their MM wait till it gets to N1.33? Are they looking to stabilize price or make money from the trade? You didn't see how FCMB's MM swoop into action after they released FY17 and prices stabilized same day. Likewise Access Bank.

Leave matter for another day. DBN gat no MM!

rebekah2011:
Diamond is selling at the current price because of the woeful results.

And Zenith? The bottom line is that our dear NSE is the worst teacher ever to transverse this earth. My opinion.

Dangote Flour might come with a shocker by Q2!

Agbalowomeri:
That's why I say six month is long term in nse Who would confidently say Diamond would still sell at 1.5 this year? In another three months who knows if the same diamond will sell at 3 or below 1?

3 months is far longer for me....

DeRuggedProf:
The days of FCMB <N2, DB<2, FID<2 , etc are FAR BEHIND.
That mentality will only put you in trouble going forward.
Think of the journey of DF and take a lesson from there.
How many bus stops were on that road?
How many times did people regret leaving at each bus stop....
I was a victim too.
I loaded that DF beyond the truck carrying capacity of even dangote trucks and had a clear vision until I started allowing the weather to derail me.

For me, this is very healthy.
I have been expecting this, but unfortunately, my broker is not lucky this time, he has to do belt tightening cos I have a clear plan....

One of them followed a wayward babe and went back below N2. We are waiting for the others.

DeRuggedProf:
But what has changed?
If today's reluctant buyers had bought at today's prices on Friday, wouldn't they have felt like they have broken the bank of England?
We really have to reset our approach to the market.
It pays to keep your eyes on the ball and forget the distractions.
Diamond will still be above N5 before August.
Transcorp will still cross N4. this very year.
The herd is preparing a kill for the experts....

Prof,

Should we still count on this?

IchimokuPilot:
If Diamond reverses and reaches N2.00 next week, many here will claim they entered at N1.49 today....
Even Peter will say so...

Let's keep deceiving ourselves here....

I respect those who are bold enough to state their stand!
I have no lessons to learn from those who have never lost since they started trading...

I am going to do a census today, don't claim you never read this post....

Those who bough or sold today should CLEARLY state so, if not, don't come here later to deceive people.
I remember when Fidelity was collapsing, immediately it made a u- turn around N2.19, almost everyone claimed he got in at the bottom....

I bought and also sold today.

@FXUser,

I hope you are loving how Access Bank been trading. Still stuck at this same range since the bull started in January. They didn't just have pity on this stock at all.

IchimokuPilot:
Govt will call this one LOVE SPEECH......

If you bite a girl's lip during love making, that's romance. At other time, it will be called abuse.

locodemy:
until 20kobo.Mendes don already talk am.

I doubt Japaul will get that low. People are buying (that shows interest albeit how low it may be). Some investors are waiting to ride this stock again and I would say that will be a good opportunity for someone trapped to exist.

Diamond dey do yanga like say him downfall don finish. The people that bought today may return back to offer their shares tomorrow. The buying pressure ain't there yet, else it should have gone on full bid not long after the initial 12M units were bought at N1.49.

We keep watching shaaa. I may be wrong on my assumptions.

RabbiDoracle:
Q1 is out. Q2 will take a while. Q2 won't be ok based on Q1.

What other news?

Milost!

If Ugometrics could be among those waiting to sell Diamond Bank shares at N6.00 after release of FY17, then I doubt any body else made a bigger mistake. The deceit was well orchestrated.

Wonders of NSE.

Chibuking81:
All in Diamond bank, at 1.64 get ready to drop, because one of my good friend has collected the key from Peter to open some doors, Diamond might close today between 1.67/1.72.
They have seen to reach their bottom today.

But prayers of those that received hair cut, might drag them down to 1.40/1.50.

I really don't know what's giving you all these ginger . Are you that heavy here? HOPE, if not managed properly, can lead to something else.

Mpeace:
By this time yesterday, diamond offer was about 44million. Today its 27million. Thats an improvement lol. Chibuking81 was right. It might not go below 1.50.

They are coming. Traffic hold them for Ajah. They go soon reach.

Fidelity!

I pity those that rushed in for that 11k dividend.

Obene Kwa Kwa (x2).

TLAX:
It was not necessarily a scam. Everything to point to current performance is in past accounts. Its just people looking at tell tale signs and refusing to see it. Go back and look at that Bank's financials for the past 3 years (including quarterly statements). Non Performing Loans ratio is rising, loan impairment charges in past two years average N56 billion, earning per share has been dropping for consecutive quarters etc. Anybody who sees this will know something is wrong and can only rely on the general bull to drive this share price up.

No be scam my brother. Its about looking and not seeing.

Bottom line, never ever fall in love with any stock! That will always cloud your judgement big time.

manomam:
Good day sir, please this is urgent and I would like it to be treated as such. I have some holdings in some companies and I need to contact them so that all Dividends due me can be transferred to my bank account. Here are the companies. Please I need their registrars.

ACCESS bank
Japaul oil and marine services
dangote flour mill
Fidelity bank
Transcorp

Thanks

Japaul Oil and Fraud Services? Dividends?

This is a clear case of looking for a virgin among prostitutes!

Mcy56:
Wonderful! You studied their history or you have been around in the market since then?

Exaggeration! Has FCMB been in existence since 1956?

Mcy56:
You may be right but for them to have guard against uncontrollable falling of the share price means something really.

They have been at this since year 1956.

They once held it stable at about N2.00 and then pumped it to above N3.50 and the stock still found it's way to below N1.00.

samzepaparazi:
Can transcorp still make 1.70?

Your body don dey shake already. LOL.

Mcy56:
FCMB did not obey o. Their MM is something else in that market.
Think I prefer FCMB to Fidelity anytime.

Wait until their MM gets tired! I have been with them before and they got tired before I could leave. The deal is to know when to part ways with them.

Willie2015:
Lets just wait and see... Still waiting for it below 1.64

Got my first tranche at 1.64

I hope you are buying more sir. N1.59 sounds better than N1.64!